Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PAX Unltd from Elsene, company number BE0754798867, closed financial year 2025 with a result of € 5,301 after tax. For that financial year PAX Unltd recorded a gross margin of € 13,260 and equity of € 30,973. Compared with financial year 2024, the result moved from € -7,533 to € 5,301. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 12, 2026.
€ 30,973
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,301
▲ still € 7,533 loss in 2024
Profit after tax over the fiscal year.
€ 11,890
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 973.
People and assets in 2025
€ 136
▼ 99% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 13,332
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,527
▼ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,357 | € 18,040 | € 17,016 | € 13,260 | ▼ 22% |
| Profit after taxes | € -9,703 | € -8,137 | € -7,533 | € 5,301 | ▲ € 12,835 |
| Equity | € 41,342 | € 33,205 | € 25,672 | € 30,973 | ▲ 21% |
| Total debts | € 66,829 | € 56,438 | € 54,253 | € 57,581 | ▲ 6% |
| Cash | € 21,477 | € 15,261 | € 11,198 | € 11,890 | ▲ 6% |
| Retained profit | € 11,342 | € 3,205 | € -4,328 | € 973 | ▲ € 5,301 |
| Balance sheet total | € 108,171 | € 89,644 | € 79,925 | € 88,554 | ▲ 11% |
Key figures of PAX Unltd, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to PAX Unltd?
What happened at PAX Unltd in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,301. filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Olivier Noirhomme became a director. NBB
- Gauthier Leppert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 9,703 loss in 2022 to € 5,301 profit in 2025.
Best year ever: 2025, with € 5,301 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind PAX Unltd are Olivier Noirhomme and Gauthier Leppert.
Directors
According to the 2025 annual accounts
Olivier Noirhomme
Administrator-manager
since 2020
Gauthier Leppert
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Vredestraat 8
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0754.798.867
- VAT number
- BE 0754.798.867
- Registered office
- Vredestraat 8, 1050 Elsene
- Names & denominations
- PAX Unltd
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 2020
- Peppol
- Active · Active since 31 Oct 2025
- Contact
- pax.be
- Activities · NACE
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